$FET/USDT Bearish Outlook – New Lows Anticipated
Market Overview:
FET/USDT has declined nearly 9% in the past 24 hours, currently trading at $0.816 after a sharp rejection from the $0.909 resistance. The trend remains bearish, marked by consistent lower highs and lower lows. Price is now testing key support at $0.812 — a breakdown may lead to further downside.
Short Trade Setup:
Entry: $0.817 – $0.822
Targets: $0.805 / $0.790 / $0.775
Stop Loss: $0.835
Outlook:
The 15-minute chart shows continued bearish momentum. A decisive break below $0.812 could confirm further declines. Watch for volume signals; absence of strong buying may reinforce downside.
Risk Tip:
Stick to your stop-loss. Exit if invalidated — follow the trend with discipline.
Reminder:
Early positioning matters. Momentum rewards the bold.